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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 147 $ 83
Accounts receivable, net 860 797
Accrued unbilled revenues 755 764
Inventories 548 610
Regulatory assets 464 424
Derivative instruments 87 44
Prepaid taxes 79 68
Prepayments and other 154 183
Total current assets 3,094 2,973
Property, plant and equipment, net 36,944 34,329
Other assets    
Nuclear decommissioning fund and other investments 2,317 2,397
Regulatory assets 3,326 3,005
Derivative instruments 34 48
Deposits and other 272 278
Total other assets 5,949 5,728
Total assets 45,987 43,030
Current liabilities    
Current portion of long-term debt 406 457
Short-term debt 1,038 814
Accounts payable 1,237 1,243
Regulatory liabilities [1] 436 239
Taxes accrued 450 448
Accrued interest 174 174
Dividends payable 195 183
Derivative instruments 61 29
Other 463 501
Total current liabilities 4,460 4,088
Deferred credits and other liabilities    
Deferred income taxes 4,165 3,845
Deferred investment tax credits 54 58
Regulatory liabilities [1] 5,187 5,083
Asset retirement obligations 2,568 2,475
Derivative instruments 129 126
Customer advances 199 193
Pension and employee benefit obligations 994 1,042
Other 206 145
Total deferred credits and other liabilities 13,502 12,967
Capitalization    
Long-term debt 15,803 14,520
Long-term debt 1,285 1,269
Additional paid in capital 6,168 5,898
Retained earnings 4,893 4,413
Accumulated other comprehensive loss (124) (125)
Common stock — 1,000,000,000 shares authorized of $2.50 par value; 514,036,787 and 507,762,881 shares outstanding at Dec. 31, 2018 and 2017, respectively 12,222 11,455
Total liabilities and equity $ 45,987 $ 43,030
[1] Revenue subject to refund of $29 million and $15 million for 2018 and 2017, respectively, is included in other current liabilities.